Northeast Park, Minneapolis, MN
Northeast Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Northeast Park, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Northeast Park Neighborhood Overview
Northeast Park is a residential neighborhood in Minneapolis, Minnesota, defined by its namesake 20-acre park. Located in the city's northeast quadrant with the ZIP code 55418, it offers a quiet, family-friendly atmosphere. The community is known for its strong sense of local pride and well-maintained, classic homes.
Lifestyle & Amenities
The neighborhood centers around Northeast Park, which provides extensive recreational facilities including sports fields, a recreation center, and a swimming pool. Residents enjoy a suburban feel within the city, with local businesses and dining options accessible on nearby central corridors. Its peaceful streets and green spaces make it ideal for outdoor activities and community gatherings.
Real Estate Market
The real estate in Northeast Park primarily consists of single-family homes, many dating from the mid-20th century, alongside some duplexes and townhomes. According to U.S. Census data, the median home value in the area is $317,900. This represents a stable and accessible market within the broader Minneapolis context.
Schools & Education
Families in Northeast Park are served by the Minneapolis Public Schools district. Several public schools are located within and near the neighborhood, providing educational options for children of various ages. The specific schools and their ratings can vary, so prospective residents are encouraged to research current district assignments and programs.
Transportation & Connectivity
The neighborhood offers good connectivity via major routes like Central Avenue and Broadway Street, providing direct access to downtown Minneapolis and other parts of the metro. Public transportation options include Metro Transit bus lines that run along these key arteries. Its location provides a reasonable commute to major employment centers while maintaining a residential retreat.
Why Choose Northeast Park
Northeast Park is an excellent choice for those seeking a stable, park-centric community with a strong neighborhood identity. With a median household income of $89,955, it attracts a mix of working professionals, families, and long-term residents. It successfully combines the tranquility of suburban living with the convenience and amenities of Minneapolis.
Northeast Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $318K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $90K |
| Homeownership Rate | 63.1% |
| Renter-Occupied | 36.9% |
| Rental Vacancy Rate | 4.4% |
| Market Type | Balanced |
| Market Tier | Mid-Range |
| Primary ZIP Code | 55418 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Northeast Park, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Northeast Park, Minneapolis, MN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12